Bitmine Scoops Up Another 28,625 Ethereum ($82.1M) as Market Bleeds – Details
Ethereum is fighting to hold the $2,800 level after a brutal correction that has erased more than 45% of its value since late August. The sharp decline has flipped market sentiment decisively bearish, with many traders fearing that ETH has entered a prolonged downtrend. Bulls are struggling to establish a reliable support level, and the lack of strong buy-side reaction so far has only intensified uncertainty. Liquidity continues to thin out across major exchanges, reinforcing the narrative that the market is still deep in a risk-off phase. Related Reading: Anti-CZ Whale Loses Big: $61M in....
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Publicly traded firm BitMine Immersion Technologies bought the crypto market dip over the weekend, as it bolstered its Ethereum (ETH) reserves by 202,037 ETH, propelling its total ETH holdings to beyond 3 million ETH. BitMine’s Total Ethereum Holdings Surpass 3 Million NYSE-listed Bitcoin (BTC) and Ethereum network company BitMine today disclosed that it had bought […]
According to the latest on-chain data, BitMine viewed the latest market downturn as an opportunity to further increase its exposure to Ethereum, the second-largest cryptocurrency by market cap. In two separate fresh buys, the Ethereum treasury firm expanded its holdings by over $199 million worth of Ether tokens. BitMine Now Holds 3.08% Of Total Ether […]
Ethereum is trading at critical levels after days of volatility, pushing closer to its all-time high near $4,800. Bulls remain in control, and the market is increasingly focused on whether ETH can break through resistance and confirm a new phase of the uptrend. Adding to the momentum, Bitmine Immersion Technologies, Inc., a blockchain technology company […]
Two massive Ethereum transactions have just flowed out from FalconX, with Lookonchain linking them to ETH treasury company BitMine. BitMine Has Received 48,049 Ethereum From FalconX In a new post on X, on-chain sleuth Lookonchain has pointed out how BitMine appears to have acquired 48,049 ETH from a hot wallet connected to FalconX, an institutional […]
Ethereum znów znalazło się w centrum uwagi. Gigant infrastruktury kryptowalutowej BitMine Immersion Technologies właśnie powiększył swój korporacyjny skarbiec o 23 823 ETH. Łacznie BitMine dokłada 104 mln USD w ETH do swojego skarbca. Zakup zrealizowany z portfela BitGo sprawił, że BitMine dysponuje już łącznie 2,83 miliona ETH o wartości około 12,4 miliarda dolarów, co czyni […]